STABILIZING THE INTERNATIONAL WHEAT MARKET WITH A U.S. BUFFER STOCK

Rodney L. Walker and Jerry A. Sharples

No 190955, 1977 Occasional Paper Series No. 1 from International Association of Agricultural Economists

Abstract: Recent world carryover stocks of wheat are 65 percent of their average level during the decade of the 1960's. The precarious nature of this position has been demonstrated by the rapid upward movement of wheat prices in the last few years as world stock levels were depleted. The concern of many has been evidenced by numerous proposals for a world food or grain reserve.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 14
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaaeo1:190955

DOI: 10.22004/ag.econ.190955

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